Total Interests 20,000 30,000 40,000

Proceeds on Non-cash
Assets 32000 24000 24000
-
Total 12,000 6,000 16,000
Allocation of Cliff
Negative Balance 12,000 -6000 -6000
Cash to be distributed 0 0 10,000

Feb
Total Interests 20,000 30,000 40,000
10,000
Total 20,000 30,000 30,000
NCA Proceeds (Feb to
March) 22000 16500 16500
Total -2,000 13,500 13,500
Allocation of Cliff
Negative Balance 2,000 -1000 -1000
Cash to be distributed 0 12,500 12,500